Wyndham Hotels & Resorts, Inc. (WH) To Go Ex-Dividend on March 17th

Wyndham Hotels & Resorts, Inc. (NYSE:WH) announced a quarterly dividend on Tuesday, March 4th, RTT News reports. Investors of record on Monday, March 17th will be paid a dividend of 0.41 per share on Monday, March 31st. This represents a $1.64 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date is Monday, March 17th. This is a 7.9% increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38.

Wyndham Hotels & Resorts has increased its dividend by an average of 20.0% per year over the last three years. Wyndham Hotels & Resorts has a payout ratio of 27.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Wyndham Hotels & Resorts to earn $5.48 per share next year, which means the company should continue to be able to cover its $1.52 annual dividend with an expected future payout ratio of 27.7%.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $105.26 on Thursday. The stock has a fifty day moving average of $104.85 and a 200 day moving average of $93.61. Wyndham Hotels & Resorts has a 52 week low of $67.67 and a 52 week high of $113.07. The firm has a market capitalization of $8.18 billion, a price-to-earnings ratio of 29.00, a PEG ratio of 1.87 and a beta of 1.28. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. As a group, research analysts expect that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have commented on WH shares. Morgan Stanley raised their price objective on Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an “overweight” rating in a research report on Tuesday. The Goldman Sachs Group raised their price objective on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Stifel Nicolaus lifted their price target on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Truist Financial lifted their price target on Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the stock a “buy” rating in a research report on Wednesday, February 19th. Finally, JPMorgan Chase & Co. lifted their price target on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus price target of $116.45.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.